๐ 2024/25 Personal Tax Position
๐ Dividend Allowance (ยฃ500)
ยฃ500 remaining
๐ผ Higher Rate Threshold (ยฃ50,270)
Basic rate
๐ก Reminder: Dividends above the ยฃ500 allowance are taxed at 8.75% (basic rate), 33.75% (higher rate) or 39.35% (additional rate) via your Self Assessment return. Always pay from post-tax retained profit and generate a board minute + dividend voucher for each payment.